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The Netflix CEO Ted Sarandos had a $40M salary in 2022, which is definitely too much money. However, it's a drop in the bucket compared to the company's $31 bil
by aloe_falsa 3y ago
The Netflix CEO Ted Sarandos had a $40M salary in 2022, which is definitely too much money. However, it's a drop in the bucket compared to the company's $31 billion revenue.
So I'm pretty sure the streaming services are charging whatever they can get away with, aka the market equilibrium price, regardless of their executives' salaries.
- iAMkenough 3y agoCEO pay is just a small part of the picture indeed. How much cash have execs wasted on pet projects like Netflix Games? As a customer, I might be okay with paying more if there was a transparent effort to cut expenses and a renewed focus on their core business.